Category: Management

A lot of people believe in the myth that once a mobile application is developed and launched (either on the public stores or for an enterprise), the job is complete. This cannot be farther from the truth. In fact, the quantum of work required to manage the lifecycle of a mobile product after its launch is way higher than what went into creating it. It is like having a baby. The real work of parenting starts after the delivery of the child. You don’t see the new parents coming out of the labor room and thinking, -That’s it, our job is done, and the baby will grow up on its own-. Similarly, the application development team cannot orphan their creation once it is launched. The need to invest time and effort in keeping it relevant to ensure growth.

Unlike the traditional client-server or web applications that go live as full – featured products, mobile software has a more iterative development cycle, with incremental improvements following in short cycles. Therefore, managing mobility product lifecycles is very different from the traditional software. Since the functionality is incrementally added to the core code, the support requirements post launch are much more intense compared to traditional products. There are a number of tasks that need to be performed for the post launch lifecycle support.

1. Adding features and functionality – The software will need to be kept relevant. In today’s world of fast paced technology evolution, what’s exotic today will become commodity tomorrow. The very features that your customers downloaded your application for, and that were your differentiator, will very soon be imitated and even enhanced by your competition. In order to stay relevant and continue to be valuable to your existing and potential customers, you need to keep innovating.

This means constantly improving the existing features of your app, and adding new ones. This will require on – going development effort, along with a core strategy team to guide and govern the development group. You need to constantly evaluate your competition, and their strategy, to create a counter – strategy.

2. Supporting new devices – there is a flood of new devices in the market, courtesy the myriad of device vendors. There are new devices with different form factors and specs getting added to the mix every now and then. It is very challenging to create code that will work on all the possible device and OS combinations that are available in one go. Therefore, you need to keep adding to the certified device list even after the launch. To do this, you need to test, modify, re – code (if required) and certify your app to work on additional hardware.

This is not just important for marketing. It gives you and your software access to a larger community of potential customers, which means a new and ever expanding revenue stream.

3. Updates and bug – fixes – It is not just about adding capabilities. Despite the most rigorous testing routines, any code can have unresolved issues, known and unknown. As your users report issues and concerns, you need to remedy them, and release updates to distribute the new code to the existing users. If your app is a paid app, you also need to set up a mechanism for the users to contact you for support. Depending on the volumes, this might mean an investment in a full time helpdesk.

The author holds a content writer positions with one of the top mobile apps development companies. The mobile application companies in Noida with its team of mobile banking app developers has created mobile apps to meet customized demands of clients.

At a time when software programs are ruling the entire workforce and key business processes, you cant think of venturing into one sans them. If you are into the event management field or you just need to organize events or participate in them, you could take full advantage of an Event Management System that offers you full round assistance. An event management services provider also offers custom conference management software development with add on services including website development, exhibitor registration systems, conference proceedings on CD/DVD/Flash drives, conference abstract submission, conference paper submission systems and more.

An event management system automates different key event processes such as registration, scheduling, report generation, event management and on-line payments. The system reduces the time as well as expenses needed for managing events of all sorts, be it conferences, training seminars, customer briefing or trade shows. As per clients specific bespoke event management system requirements, projects are also undertaken and then those are delivered meeting strict deadline. Among the most crucial projects/processes accomplished with automated event management software include:

Event, attendee, exhibiter registration
Event scheduling
Automated change notification
Resource allocation
Secure on-line order processing and payment systems
Audits and reports

Again, like a full scale event management program, a Conference management system is web based software that manages delegate registration, paper submission and paper review. The system is a comprehensive and powerful solution that falls in line with a domain specific content management system.

Some of the major functions and workflows supported by a conference management system are:

1.Receiving paper submissions
2.Collecting reviews
3.Monitoring review coverage
4.Sharing reviews among the monitoring committee
5.Registering attendees
6.Publishing proceedings

Again, a conference management system brings a whale of benefits for the user. Some of these include:

Progress tracking
Powerful data export
Fully configurable
Broadcast emails
Conference Itinerary
Contacts database
Create custom forms
CD/DVD packaging
Conference proceedings on CD as well as DVD
Onsite speaker recording and exhibitor lead retrieval
Booth, manage group and on site registration

A well known university SMU is most famous for health and medical. Now, it is famous for distance education also. In the recent days, it has been known for distance MBA very promptly. The university provides own written books for its MBA education. There is an introduction of financial management book.

There are 15 chapters in the book. The book deals the management problems and financial resources in business firms. Financial management is known as basic managerial actions relating to the three major decision areas such as investment, financing and dividends and working capital management.

The book comprises 15 units:

1.Financial Management – the chapter explains the meaning, scope and examines the goal of corporate financial management. 2.Financial Planning – the chapter explains the meaning and need of financial planning. 3.Time Value of Money – the chapter introduces about time value of money and discounting of cashflows. 4.Valuation of Bonds and Shares – in this chapter writer explains about the valuations of bound’s principles and equity shares. 5.Cost of Capital – this unit describes the concept of cost of capital. 6.Leverage – it is one of the most important chapters in the financial management which deals financial and combined leverage. 7.Capital Structure – in this chapter many theories of capital structure has been introduced. 8.Capital Budgeting – the chapter explains the meaning, significance of capital budgeting decisions and about various investments of appraisal techniques. 9.Risk Analysis in Capital Budgeting – there has been introduced risk in capital budgeting decisions. 10.Capital Rationing – it examines the steps which involved in capital rationing process. 11.Working Capital Management – there are various concepts of working capital and factors that influence the working capital requirements in a firm. 12.Cash Management – this is the most important component of working capital. 13.Inventory Management – the unit describes about various forms of inventory management. 14.Receivables Management – cost of maintaining receivables, formulation of credit policy and determination of an optimal credit period has been discussed in the chapter. 15.Dividend Decision – basically, the chapter deals about payment of shareholders.

These are the brief description of financial management book of SMU MBA. A student can find more about these chapters in the book of Financial Management.

Gian Brett is an expert writer of various subjects. He has written many articles on Financial Statement Analysis also.

SMS INSTITUTE OF TECHNOLOGY also known as School of management sciences is a partner of IIT bombay and was established in the year 2008 in the capital of the state Uttar pradesh. It is rated aas A++ by the India Magazine. It is approved by AICTE, ministry of HRD, Governement of INDIA and is affiliated to GBTU. It offers qualty education in post graduate and undergraduate courses. It has a ultra modern, wifi enabled and lush green campus. The institute is a coeducational institution which offers btech degree to students in different areas of specialisation. Placement some of the top recruiters of this institute are: Aircel Wynncom unicode systems and many more

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Travel and tourism means people focused jobs. Whether you’re in a travel agent booking people the best possible deal for their globe hopping plans, or working on the front lines at a hotel’s check in desk, you need to be able to deliver the highest standards of customer service. However, it can be difficult to strike the right balance, and create a natural seeming, helpful and welcoming atmosphere. Mastering this, on the other hand, is key to maximizing customer satisfaction. No matter how beautiful the attractions or exciting the amenities, unresponsive, poorly trained, unfriendly or awkward staff can spoil the memories and mood of travellers faster than anything else.

As a result of this challenge, while much of the tricks and techniques you will learn are perfected by practice, the standards have been well studied and even codified, such that they can be taught in places like a tourism management school. Here’s five management tips to start you off:

1)To sound happy, smile. This is a trick of human psychology that it’s very difficult to hold a cheerful facial expression and not have it rub off on you, so make sure this trick is the first thing you train staff. It will also change the tone of your voice, which makes it useful even over the phone, and makes you extremely approachable, good for nervous people who don’t like to intrude even on people who are paid to be there for them. 2)Personalize. It’s not possible to give everyone a unique experience, and the standards of your establishment will set the tone for everyone, but where ever possible, staff should be trained to think about what individual guests need and want.

3)Know your job and location inside and out. One of the best things that staff at a venue or attraction bring is insider knowledge. This can include everything from being able to give good directions to being able to tell you which menu items are the tastiest. If you’re in management, make the extra effort to let your staff experience things from the guest side for great dividends.

4)Cross train. While everyone should have their specializations, making sure that staff understands the work that the rest of the team their own will help them work together more seamlessly. For example if you have a resort that offers corporate conference space and hosts weddings, some introductory event planning courses help staff who don’t have a direct role with that get guests on the right page before they’re handed off to your in house expert.

5)Listen to the bottom rung. Continuously improving your business, in any industry, not just travel and tourism, means paying attention to the people who are the first line of contact with your customer base. Let them identify frequent guest requests and complaints to help refine the processes of your business based on their feedback. As an added bonus, feeling valued raises morale.

Visit Canadian Tourism College for more information on studying in a tourism management school.

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